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In her seventh grade pre-algebra class,Ms.Cornelius gave a standardized exam prepared by the district math department.Students' scores on the exam were as follows: 100,98,98,96,96,96,94,92,88,82.
What is the mean score?
Price Ceiling
a government-imposed limit on how high a price can be charged for a product, service, or commodity, typically to protect consumers from excessive costs.
Rationing Mechanism
A system used to distribute scarce goods or services among a population, often seen in economies facing shortages.
Price Floor
A regulatory measure that sets the lowest legal price a commodity can be sold at.
Tax
Compulsory financial charges or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
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